Daan Crypto Trades
Daan Crypto Trades|Sep 17, 2025 10:24
Last time we heard Powell talk during the Jackson Hole Symposium, he took a dovish stance and set the door open for the September rate cut and more. BTC & ETH pumped hard. These candles have since seen a retrace but it does show how much the market loves to hear Powell talk dovish. Today is FOMC day again and we'll yet again hear his stance on the economy and how the Fed sees their current and future monetary stance. We will also see the new economic projections and how they see the economy going forward. Keep your eyes out for future rate estimations and GDP estimations. If we see a big dip in GDP then that can indicate the Fed is expecting a big slowdown. That would be good for more cuts, but not great for recession fears resurfacing. The job market is slowing and Tariff inflation has still been pretty much under control. Will this set up for another Dovish Powell which is pressured by Trump? Will the markets like it to the same degree as last time? A lot of questions and we'll figure this out today and the rest of the week as we hear everything and the market digests it all.(Daan Crypto Trades)
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